*** Commercial Wholesale Package Deal **** 1301-1303 W. Grant Street, 1305-1309 W. Grant Street, 734 S. 13th Ave Phx, AZ

1301-1303 W Grant st - Was a bar (AmVETS bar) 2400 sq ft, 14k lot, zoned c-3, new plumbing, new commercial electrical panel.  New lease being negotiated for $2200/mo for this space. 

1305-1309 W Grant st - Triplex (lots of work already done). Previously rented for $650, $650, and $1800 mo ($1800 space includes a basement, mechanic space in back, 2 baths, 2 bedrooms, and 2 kitchens).  Potential for 4 unit with small rehab.  Property is Zoned C-3.

734 S 13th Ave - Land - Zoned Multifamily.  Month to month lease in place for $700/mo. 

This is a package deal because the bar was constructed on the property line. Currently sitting at 18% CAP rate.  With improvements and addition of small apartment complex, there is more profit potential. 

Wholesale price:  $325,000

 First signed contract and $5000 non-refundable deposit to title wins.  Buyer pays all closing costs. 
 

 See pics and fun disclaimers below:

Fun Disclaimers:

All Prices based on cash sale with $2500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

 

Pics:

 

Wholesale Deal 5 Unit complex - 1020 E. Mohave Street, Phx AZ 85034

Wholesale Deal 5 Unit complex - 1020 E. Mohave Street, Phx AZ 85034

BUY and HOLD or Flip Project.

9 bedroom, 4.75 bath, 5 Unit complex.  This property was previously rented out as five separate units. There are two 1/1's, two 2/1's, and a 3/1 for a total of nine bedrooms and 4.75 bathrooms, but only two full kitchens (in middle units). The home does NOT have central HVAC, and needs a significant amount of repairs including but not limited a new roof, electrical, plumbing, drywall, paint, framing, appliances, foundation repairs etc. The fire was in the middle two units and the demo has already been started. The electricity and water are NOT individually metered. This property is sold as is.

Wholesale Price:  $70,000
Estimated Rehab:  $60,000
Estimated Cap Rate:  21% 



Close of escrow on or before 5/9/2016.  First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs. 
 

 See comps, pics, and fun disclaimers below:

 Fun Disclaimers:

All Prices based on cash sale with $2500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

Pics: 

 

Wholesale deal - 16805 W. Marconi Ave Surprise, AZ 85388

Wholesale deal - 16805 W. Marconi Ave Surprise, AZ 85388


Estimated 51% ROI.  Fantastic property in Surprise!  3010 sq ft, 4 bed with a den, 3 bath, on corner pie-shaped lot 9k+ square foot lot, with a POOL.  Home boasts MASSIVE covered patio, walk deck, pool, surround sound in FR, niches, front bedroom with private bath (easy conversion into second master suite).  Close to shopping, Surprise Stadium, walking distance to Cimarron Springs Elementary School, and 303 loop. 


Wholesale Price:  $195k
Estimated Rehab:  $30k
Estimated ARV:  $300k

Close of escrow on or before 5/20/2016.  First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs. 
 

 See comps, pics, fun disclaimers, and estimated 51% ROI budget below:

 
Fun Disclaimers:

All Prices based on cash sale with $2500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

Pics: 

Comps:



Estimated Budget:

Purchase Price				195000
	Front side
	Hard Mony loan						156000
	Hard money down payment					39000
	Interest hard money
	- 18% 6month term - 4 months			2340		9360
	Closing costs					1500
	Remodel					30000
	Insurance					700
	APS/Water					700
		Total cash invest				81260	81260
		Total Frontside costs					237260
	Backside
	Estimated renovated sales price						295000
	Realestate commission			0.05		14750
	title fees					1500
		total fees				16250	16250
		total frontside costs					237260
	Total Earnings						41490
	ROI						0.510583